Canteen District Inc

Analysis

Canteen District Inc is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Canteen District Inc reported income of $207k and spending of $161k, leaving 22% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income fell from $302k to $207k (-31%), an average of -31% a year. The sharpest change came in the year to September 2024, when income dropped by 31%. Over the whole period it spent 39% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Canteen District Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NE. Charities of a similar size with the same main cause include Kiwanis Club of Inverness Florida Inc ($207k), Dallas Claims Assoc ($207k) and Vermillion Cultural Association ($207k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $313k against liabilities of $0, net assets of $313k.